Oct 6, 2012 10:00am PDT
this the u.s. immigration policy sends those highly skilled immigrants many of them educated in the best american colleges and universities back home to their countries of origin so they can create jobs there competing against the u.s. by the way in the global economy. it's called the reverse brain drain. joining me is a director of research at duke university and a fellow at stamford law school and the author of "the immigrant exodus, why america is losing the global race to capture entrepreneurial talent." from 1995 to 2005 immigrants founded more than a quarter of all tech and engineering startups in united states and more than 52% of those in silicon valley. you just updated the numbers and immigrant entrepreneurship has declined. talk to me about this. why it is happening and how do we fix it >> very simple. there are million skilled immigrants waiting for permanent resident via sass. many want to start companies and employ americans. we won't give them via sass. they are getting frustrated and fed up and trotting home. the jobs that would be boosting american competitiveness are bo
Oct 6, 2012 7:00am EDT
to get where they're going. but take you away early childhood education... slash k-12 funding... and cut college aid for middle class families ... they won't go far. yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millnaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising.
Oct 6, 2012 5:00am PDT
the middle class, looking to support education, not wanting to see the health care cuts that are in the romney/ryan plan, those policies supporting women are much more popular than mitt romney's policies, and i think that the obama team is going to kind of double down on that over the next few weeks. >> let's talk about a piece on cnn.com. you gave president obama some tips on how to win the first debate. >> right. >> writing in part, this is a great little read. you wrote my final piece of advice is most simple. stay nice. no, you're likable enough comments. no jokes about dogs on top of the car, >> reporter: marking about how rich romney is, no patronizing lecturing when he has his facts wrong. just stay nice. but looking back, i mean, you say he didn't do so badly but by all accounts the president remained calm, maybe too calm for some of his supporters, didn't engage in the attacks, didn't use the bain capital, didn't use the 47% attacks, and -- and the overwhelming consensus, of course, was that romney won. what's your advice for him for the next debate? do you stil
Oct 6, 2012 11:00am PDT
to that, student loans. of course, people getting student loans are getting education for their money. they're not spending it on cars or clothes. other debt has been going down. this is taking a long time, and it's going to continue to take a long time, but in these very slow and almost imperceptible ways, the economy is healing. >> is there any reason to believe that when those new job numbers come out just four days before election day, that they wouldn't be consistent with this kind of pacing? something that we saw on friday? >> well, as ali pointed out, those job numbers are volatile and they zigzag. that pattern has been in place, and we did see some very odd patterns. i'm sure there was no fixing of the numbers, but the numbers were odd. but these numbers often get sort of smoothed out over time. they recount, they become more accurate over time. we could see another zig in the other direction when that report comes out. some economists say they would not be surprised at all if the unemployment rate went back up to 8% or above 8%. that might straighten out some of the anomalies